Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (135056)	7/26/2013 5:38:39 PM
From: Bread Upon The Water	Read Replies (1) \| Respond to of 149317

It would be interesting to know how many of those kids parents wee on welfare prior to the Clintonization of E. Palo Alto. That might prove something.

To: ChinuSFO who wrote (135056)	7/26/2013 7:12:20 PM
From: tejek	Read Replies (1) \| Respond to of 149317

Tejek, you and folks like Cautious Optimist and koan what I am talking about. do make it a point to visit E. Palo Alto when you visit and I bet you will not be able to recognize it. It was the buying power of Palo Alto that transformed E. Palo Alto. Yup. A similar premise was the keystone of Mpls's metro gov't. Each year every city in the metro area puts a share of its tax revenues into a common pot and then those funds are redistributed based on need. For an example, Edina, an affluent suburb, may put in a $100 million but will get back only $25 million. MPLS may put in $100 million and get back $200 million back.The redistributed funds must be spent to benefit the community in a particular way. Thanks to this approach of governance there are not huge income disparities between groups and MPLS is one of the more prosperous metros in the country. This country is not working nearly hard enough to break the cycle of poverty.......and sadly, we have the resources to do it.